Hsb INC FY2021 filing

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We are a community outreach ministry, supporting and strengthening families by providing access to educational resources and enrichment opportunities for children from all backgrounds, levels of need, and schooling affiliations.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 80-0144094) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $2K a year · 0.4% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
85% of spending went to programs.
Pt IX · Ln 25 · col B
2.9 mo
of spending, in cash
2.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$92K
39% of total assets
Liabilities are 39% of assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$542K
+14% vs prior year
Spent
$496K
To programs
85%
Net assets
$141K
By yearFY2020–FY2025
Revenue
$542K
FY2021▲ +14%
Tap a bar for its year
Revenue by fiscal year
FY2020$474K
FY2021$542K
FY2022$581K
FY2023$528K
FY2024$604K
FY2025$532K
Expenses
$496K
FY2021▼ -6%
Tap a bar for its year
Expenses by fiscal year
FY2020$530K
FY2021$496K
FY2022$535K
FY2023$567K
FY2024$594K
FY2025$552K
Net assets
$141K
FY2021▲ +48%
Tap a bar for its year
Net assets by fiscal year
FY2020$96K
FY2021$141K
FY2022$188K
FY2023$149K
FY2024$159K
FY2025$139K

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $420K Management & general 15% · $76K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Pres. and Tr
$0Pt VII · Sec A
See Hsb INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Strengthen families by providing children educational resources and enrichment opportunities.

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1 program · $420K · in their own filed words · FY2020
01

We are a community outreach ministry, supporting and strengthening families by providing access to educational resources and enrichment opportunities for children from all backgrounds, levels of need, and schooling affiliations.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 80-0144094) · Dispute this line
$420Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$542K
Ln 12
Fees for servicesLn 2g$268K
Other incomeLn 4–11$138K
Gifts and grantsLn 1h$135K
Money outPt IX
$496K
Ln 25
Programscol B$420K
Managementcol C$76K
Owns and owesPt X
$141K
net assets · Ln 32
Cash and savingsLn 1–2$120K
Total assetsLn 16$233K
LiabilitiesLn 26$92K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$135K
Government grantsLn 1e$91K
Fees for servicesLn 2g$268K
Investment incomeLn 3$129
Other incomeLn 4–11$138K
Total revenueLn 12$542K
Assets in detailPt X, end of year
CashLn 1$113K
SavingsLn 2$7K
Cash and savings togetherLn 1–2$120K
Accounts receivableLn 4$5K
Inventories for sale or useLn 8$66K
Other assetsLn 15$42K
Total assetsLn 16$233K
LiabilitiesLn 26$92K
Net assetsLn 32$141K
OperationsPt I, VI
EmployeesI 511
VolunteersI 620
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$54K$120K
Total assetsLn 16$165K$233K
LiabilitiesLn 26$69K$92K
Net assetsLn 32$96K$141K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$158K$119K$40K
Other employee benefitsLn 9$16K$12K$4K
Payroll taxesLn 10$46K$35K$12K
Accounting feesLn 11c$650$650
Other fees for servicesLn 11g$1K$1K
Office expensesLn 13$8K$6K$2K
Information technologyLn 14$13K$10K$3K
OccupancyLn 16$47K$35K$12K
Depreciation, depletion and amortizationLn 22$131$131
InsuranceLn 23$8K$6K$2K
Other expenses (24a–d)Ln 24$198K$198K$221
All other expensesLn 24e$236$236
Total functional expensesLn 25$496K$420K$76K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS May 15, 2026 $532K$552K−$20K$139K 990 PDF
FY2024Filed with the IRS May 12, 2025 $604K$594K$9K$159K 990 PDF
FY2023Filed with the IRS May 13, 2024 $528K$567K−$39K$149K 990 PDF
FY2022Filed with the IRS May 9, 2023 $581K$535K$46K$188K 990 PDF
FY2021 ViewingFiled with the IRS May 9, 2022 $542K$496K$46K$141K 990 PDF
FY2020Filed with the IRS May 13, 2021 $474K$530K−$55K$96K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $541,576 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $76,343$134,775
I-9 Program service revenuePrior year $315,124$268,173
I-10 Investment income$129
I-11 Other revenuePrior year $82,895$138,499
I-12 Total revenuePrior year $474,362$541,576
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $214,297$219,989
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $315,270$275,974
I-18 Total expensesPrior year $529,567$495,963
I-19 Revenue less expensesPrior year −$55,205$45,613
Part VI · Governance 6 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $541,576 across 6 lines filed
Lines not itemized here account for $138,499 of total revenue; see the IRS return.
VIII-1e Government grants$90,562
VIII-1f All other contributions, gifts and grants$44,213
VIII-1h Total contributions, gifts and grants$134,775
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $268,173$268,173
VIII-3 Investment incomeRelated to mission $129$129
VIII-12 Total revenueRelated to mission $406,801$541,576
Part IX · Statement of functional expenses $495,963 across 12 lines filed
IX-7 Other salaries and wagesPrograms $118,593 · Management $39,531$158,124
IX-9 Other employee benefitsPrograms $11,771 · Management $3,924$15,695
IX-10 Payroll taxesPrograms $34,627 · Management $11,543$46,170
IX-11c Accounting feesManagement $650$650
IX-11g Other fees for servicesManagement $1,125$1,125
IX-13 Office expensesPrograms $5,740 · Management $1,914$7,654
IX-14 Information technologyPrograms $9,665 · Management $3,222$12,887
IX-16 OccupancyPrograms $35,431 · Management $11,811$47,242
IX-22 Depreciation, depletion and amortizationPrograms $131$131
IX-23 InsurancePrograms $6,196 · Management $2,066$8,262
IX-24 Other expenses (24a–d)Programs $197,566 · Management $221$197,787
IX-24e All other expensesPrograms $236$236
IX-25 Total functional expensesPrograms $419,956 · Management $76,007 · Fundraising $0$495,963
Part X · Balance sheet $232,960 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $47,401$113,258
X-2 Savings and temporary cash investmentsStart of year $6,786$6,786
X-4 Accounts receivableStart of year $1,941$5,034
X-8 Inventories for sale or useStart of year $66,650$66,223
X-15 Other assetsStart of year $41,659$41,659
X-16 Total assetsStart of year $164,568$232,960
X-17 Accounts payable and accrued expensesStart of year $20,848$15,227
X-25 Other liabilitiesStart of year $48,100$76,500
X-26 Total liabilitiesStart of year $68,948$91,727
X-27 Net assets without donor restrictionsStart of year $95,620$141,233
X-32 Total net assets or fund balancesStart of year $95,620$141,233
X-33 Total liabilities and net assetsStart of year $164,568$232,960
Part XI · Reconciliation of net assets $141,233 net assets at year end
XI-1 Total revenue$541,576
XI-2 Total expenses$495,963
XI-3 Revenue less expenses$45,613
XI-4 Net assets at start of year$95,620
XI-6 Donated services and use of facilities$218,750
XI-9 Other changes in net assets−$218,750
XI-10 Net assets at end of year$141,233

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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